| MCK latest price $175.1100 (1.62%) ($169.7500 - $175.7800) on Fri. Mar. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 37 |
Latest Price | $175.1100(1.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.7% a day on average for past five trading days. |
Weekly Trend | MCK declines -1.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(48%) DIA(42%) IVE(40%) XLV(40%) IWD(39%) |
Factors Impacting MCK price | MCK will decline at least -0.69% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-7%) TLT(-5%) KWEB(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.69% (StdDev 1.38%) |
Hourly BBV | 2.4 () |
Intraday Trend | 0.9% |
| |
|
|